Just a quick update on the proposed new superannuation tax targeting balances above $3 million, following recent announcements by Treasurer Jim Chalmers. As originally proposed, the tax would have applied to unrealised gains,  meaning that even increases in asset values on paper (such as property revaluations) would have triggered a tax liability. This feature has now been dropped . Under the revised model, the tax will apply only to realised earnings,  gains that are actually crystallised,...

Navigating the Rules and Maximising Returns 1. Understanding What SMSFs Can Invest In Self-managed superannuation funds (SMSFs) are...

Your Foundation Guide to Self-Managed Super Funds Introduction If you’re reading this, you’ve probably heard about SMSFs and are...